1 0 Tag Archives: retracement
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FOREX-Greek worries weigh on euro, risk currencies – Reuters


FOREX-Greek worries weigh on euro, risk currencies
Reuters
The single currency also looked feeble on charts, having decisively fallen through an important support line at $1.2827, the 76.4 percent retracement of its rally earlier this year from $1.2624 to $1.3486. A clear break of the level opened the way for ...

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Rupee hits 3-mo low; intervention seen possible – Economic Times


Rupee hits 3-mo low; intervention seen possible
Economic Times
Tehnical charts indicate some minor support for the rupee around the recent daily lows of 51.79 and 51.92, followed by stronger support at 52.12, the 61.8 percent retracement of the December-February gains. The rupee had rebounded to 48.60 in early ...

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April 16, 2012
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Eur/Usd is shaping up for a Buy – BusinessDay


Eur/Usd is shaping up for a Buy
BusinessDay
In last week's article, we mentioned that there was some bullish retracement on the Eur/Usd charts and we were looking to see if the move would be sustained or not. It so happens that it was sustained and now the market has just encountered the 1.3261 ...

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March 22, 2012
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FOREX-Dollar flexes muscles as yields surge – Reuters


Bloomberg

FOREX-Dollar flexes muscles as yields surge
Reuters
Charts now suggest the currency is at the early stages of a sustained bull trend. The euro fell to a one-month low of $1.30110 after triggering stop-loss orders below support at $1.3054, around the 50 percent retracement of a Jan. 16-Feb. 24 rally.
ECB Says Economy Improving; Swiss Policy Unchanged by SNBEquities.com

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FOREX-Dollar stronger across the board, hits 11-mth high vs yen – Reuters


FOREX-Dollar stronger across the board, hits 11-mth high vs yen
Reuters
Further support looms at the next major trough on daily charts at the Feb. 16 low of $1.2974, and the 61.8 percent retracement of the January to February rally at $1.2954. The Australian dollar also fell against the US unit. It was down 0.3 percent at ...

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March 14, 2012
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FOREX-Euro rises but vulnerable to Greek debt uncertainty – Reuters UK


FOREX-Euro rises but vulnerable to Greek debt uncertainty
Reuters UK
Others said the euro had short-term chart support around $1.31, including the cloud top on daily Ichimoku charts at $1.3097 and the 76.4 percent retracement of its rally in mid- to late February at $1.3095. EVENT RISKS Apart from Greece, ...

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March 7, 2012
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FOREX-Euro rises but vulnerable to Greek debt uncertainty – Reuters


USA TODAY

FOREX-Euro rises but vulnerable to Greek debt uncertainty
Reuters
Others said the euro had short-term chart support around $1.31, including the cloud top on daily Ichimoku charts at $1.3097 and the 76.4 percent retracement of its rally in mid- to late February at $1.3095. EVENT RISKS Apart from Greece, ...
Possible Outcomes of the Greek Debt SwapForex Pros

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March 7, 2012
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FOREX-Risk currencies on defensive on fresh Greece doubts – Reuters


USA TODAY

FOREX-Risk currencies on defensive on fresh Greece doubts
Reuters
The euro plumbed a three-week low at $1.3103 on EBS late on Tuesday, but has managed to stay above solid supports around $1.31, including the cloud top of daily Ichimoku charts at $1.3097 and the 76.4 percent retracement of its rally in mid to late ...
European stocks mixed, Greek concerns weigh; DAX down 0.02%Forex Pros

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March 7, 2012
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EUR/USD orders: Sovereign buyers at 1.3100, Real Money sellers at 1.3180 – ForexLive (blog)


EUR/USD orders: Sovereign buyers at 1.3100, Real Money sellers at 1.3180
ForexLive (blog)
The market is in an overall bear trend on the daily charts and the 3-wave retracement off the 1.2625 lows now seems to have run its course. nice info sean..let see how the pair react.. I expected to see 1.36 before a short longer term.

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March 7, 2012
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EUR/USD Retracement Offers Entrys on 1622 Pip Trend – DailyFX


EUR/USD Retracement Offers Entrys on 1622 Pip Trend
DailyFX
DailyFX providesforex newson the economic reports and political events that influence the currency market. Learncurrency tradingwith a free practice account and charts from FXCM. DailyFX provides forex news on the economic reports and political events ...

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EUR/USD Retracement Offers Entrys on 1622 Pip Trend – DailyFx

Learncurrency tradingwith a free practice account and charts from FXCM. DailyFX provides forex news on the economic reports and political events that influence the currency market.
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FOREX-Euro/dlr likely to extend multi-month lows – Reuters


FOREX-Euro/dlr likely to extend multi-month lows
Reuters
On technical charts, one support area for the euro is seen around $1.2600, the 76.4 percent retracement of the June 2010 to May 2011 rally. A break below $1.2500 is expected to pave the way to a drop towards $1.2000. ...

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January 6, 2012
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FOREX-Euro hits 16-mth low vs dollar, more falls likely – Reuters


FOREX-Euro hits 16-mth low vs dollar, more falls likely
Reuters
On technical charts, one support area for the euro is seen around $1.2600, the 76.4 percent retracement of the June 2010 to May 2011 rally. A break below $1.2500 is expected to pave the way to a drop towards $1.2000. ...

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January 6, 2012
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FOREX-Euro hits 16-mth low vs dollar, more falls likely – Reuters UK


FOREX-Euro hits 16-mth low vs dollar, more falls likely
Reuters UK
On technical charts, one support area for the euro is seen around $1.2600, the 76.4 percent retracement of the June 2010 to May 2011 rally. Investors are particularly concerned about the borrowing costs of Italy, which must pay out 100 billion euros in ...

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January 6, 2012
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FOREX-Euro hits 16-mth low vs dollar, more weakness seen – Reuters


FOREX-Euro hits 16-mth low vs dollar, more weakness seen
Reuters
On technical charts, one support area for the euro is seen around $1.2600, the 76.4 percent retracement of the June 2010 to May 2011 rally. Against the yen, the euro dipped 0.1 percent to 98.63 yen, just above an 11-year low of 98.451 yen hit on ...

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January 6, 2012
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FOREX-Euro firm on reform hopes, eyes on Italy bond auction – Reuters


Globe and Mail

FOREX-Euro firm on reform hopes, eyes on Italy bond auction
Reuters
Still, many traders are unsure if the euro can extend gains as it faces substantial resistance at around $1.3850, including the Ichimoku cloud top on charts at $1.3848, a 38.2 percent retracement of its late October-early November fall to $1.3865 and ...
Euro and Risk Sentiment Weaker as Italy's and Spain's 10-Year Yields ClimbInternational Business Times

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FOREX-Euro holds onto Monday’s huge gains on EU optimism – Reuters


Reuters

FOREX-Euro holds onto Monday's huge gains on EU optimism
Reuters
The Aussie faces stiff resistance looming at the broken trend line on its weekly charts around $1.0010-30 , and also at $1.0035 -- a 38.2% retracement of its slide from a $1.1081 high in late July to a $0.9388 trough plumbed in early October. ...
Risk Rally Continues as European Bank Recapitalization Sinks InIBTimes

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What I See in FX Market – FXstreet.com


FXstreet.com

What I See in FX Market
FXstreet.com
by - ProAct Traders | View company's profile WHAT ProAct Traders SEE: We are currently sitting @ 1.3796 after retreating from the Down trend line (we have twins in the day chart) on the .618 Fibo. This completes an abc retracement so looking for a move ...

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September 17, 2011
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FOREX-Euro down after rally this week, still in downtrend – Reuters


Reuters

FOREX-Euro down after rally this week, still in downtrend
Reuters
Technical charts indicated the euro could find support around $1.3738, the 23.6 percent retracement of the fall from $1.45500 on Aug.29 to $1.34949 on Sept.12. The euro had hit a one-week high after a coordinated move by central banks on Thursday to ...
ECB announces USD Liquidity OperationsFXstreet.com

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September 16, 2011
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FOREX-Euro falls, little progress from Ecofin – Reuters


FOREX-Euro falls, little progress from Ecofin
Reuters
Technical charts indicated the euro would find support around $1.3745, the 23.6 percent retracement of the fall from $1.4548 on Aug.29 to $1.3495 on Sept.12. The euro had hit a one-week high after a coordinated move by central banks on Thursday to ...

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September 16, 2011